Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Frasers offered to buy the rest of Hugo Boss for about €2 billion ($2.3 billion) as billionaire Mike Ashley seeks to add another fashion brand to his growing collection.
- Wizz Air said the Iran conflict shaved €50 million from earnings in its fiscal full year, almost wiping out profit in the period, while vowing to take advantage of market dislocations to push for growth.
- Chip-equipment maker ASML will cut fewer jobs than planned, with redundancies not expected to take effect until May 1, following negotiations with Dutch trade unions.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Frasers offered to buy the rest of Hugo Boss AG for about €2 billion ($2.3 billion) as billionaire Mike Ashley seeks to add another fashion brand to his growing collection.
- HSBC and Standard Chartered shares are among the biggest decliners in the Stoxx 600 Banks Index Wednesday, extending their declines since the first concerns about new regulation in China emerged last week.
- Halma falls as much as 12%, the most since 1997, after the UK industrial group’s guidance for its Photonics business fell short of expectations, the key disappointment in an otherwise solid earnings report.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Oracle (ORCL) shares are down 4.3% in extended trading, after the software company reported fourth-quarter results that were slightly better than expected on key metrics, including cloud infrastructure revenue. It also gave an outlook.
-Super Micro Computer (SMCI) fell the most in almost three months after the company announced a plan to raise $7 billion through a package of equity offerings, a move meant to help pay for the production of more artificial intelligence servers.
- Cracker Barrel (CBRL) jumps 23% after the restaurant chain boosted its revenue guidance for the full year, beating the average analyst estimate. The results prompted Wells Fargo to raise its recommendation on the stock to overweight.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
- Whimsical salt-and-pepper shakers and Americana merchandise are helping Cracker Barrel (CBRL) recover from the political attacks that beset it last year. The restaurant chain raised its full-year revenue guidance and said declines in store traffic are moderating. The shares responded with a record gain in Wednesday’s trading, rising as much as 35%.
- Super Micro (SMCI) fell the most in almost three months after the company announced a plan to raise $7 billion through a package of equity offerings, a move meant to help pay for the production of more artificial intelligence servers. The shares dropped as much as 19% to $33.12 on Wednesday in New York, reflecting concern about the deal’s earnings dilution. The stock had been up 39% this year through Tuesday’s close.
- Shares of several large trucking companies plunged on Wednesday after Amazon.com Inc. announced an expansion of its shipping service that has already shaken the transportation and logistics sector and unsettled investors. Old Dominion Freight Line (ODFL) FedEx Freight (FDXF) and Saia (SAIA) all fell at least 10% intraday, before recovering some of the losses. Old Dominion stock closed 5.1% lower, with FedEx Freight and Saia down 7% and 3.3%, respectively. The companies specialize in “less-than-truckload” services, carrying shipments that are larger than parcels but smaller than full truckloads.
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On this episode of Stock Movers:
-Cava Group (CAVA) is up 6.1% after UBS raised the recommendation on the fast-casual chain to buy from neutral.
- Parabilis Medicines Inc. (PBLS) jumps 47% in its trading debut, after the company raised nearly $745 million in an upsized US initial public offering that priced above its marketed range and a private placement.
- Cracker Barrel (CBRL) jumps 23% after the restaurant chain boosted its revenue guidance for the full year, beating the average analyst estimate. The results prompted Wells Fargo to raise its recommendation on the stock to overweight.
See omnystudio.com/listener for privacy information.